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Entegris Breaks Ground on Korea Technology Center Expansion in Ansan-si, Gyeonggi-do

Entegris reaffirms its commitment to the Korean market with expanded R&D center at Hanyang University

PUBLISHED Dec 5, 2023 | NEWS RELEASE
News Release
Download PDF (136.1 kB)

Billerica, MA, Dec. 5, 2023 - Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries today held a groundbreaking ceremony for its Korea Technology Center located in Hanyang University ERICA campus, Ansan-si, Gyeonggi-do. Bertrand Loy, CEO of Entegris; JaeWon Kim, Country President of Entegris Korea; and local government officials, including Sang-woo Hong, Ambassador for International Relations of Gyeonggi-do; and Min-geun Lee, Mayor of Ansan City; Bawoona Song, Chairman of Ansan City Council; as well as Ki-Jeong Lee, President of Hanyang University, attended the event.

The Entegris Korea Technology Center (KTC), originally established in 2012 and currently located in Suwon, will be moved to the Hanyang University campus and expanded to further support the specialized needs of customers in Korea. It will bring Entegris’ broad suite of capabilities together in one place fostering direct collaboration with customers in advanced logic, DRAM and 3D NAND semiconductor technologies. In particular, the facility will create a true center of excellence for deposition, chemical mechanical planarization (CMP), advanced wet etch, and cleaning combined with advanced analytical and applications capability that further expand Entegris’ ability to serve its customers in Korea.

“We have been collaborating with semiconductor customers in Korea for nearly 30 years and believe that Ansan-si has an important role to play in the future of the industry,” says Bertrand Loy, Entegris’ president and CEO. “By putting our best capabilities in technology centers as close to our customers as possible, we can more effectively collaborate with them locally. I am truly excited about the new opportunities the expanded KTC will create for us and our customers as we jointly uncover novel solutions to their yield, reliability, and performance challenges.”

JaeWon Kim, Entegris’ country president for Korea, says, “This expansion marks an important milestone for Entegris in Korea. We are thrilled to be an industry partner helping to create more jobs for the community, developing the skills of the next generation workforce, and helping the city become a more competitive center for semiconductor manufacturing.  We are incredibly thankful to our partnership with government officials and Hanyang University, and all others who have been instrumental in making this expansion possible. It continues Entegris’ commitment to providing customers in Korea with leading-edge technology, while helping strengthen the local semiconductor industry,” he said.

"We are grateful to Entegris for deciding to make this important investment at a time when we are making every effort to designate the Ansan Science Valley as an economic free zone," said Ansan City Mayor Min-geun Lee. "The city will provide generous support for the smooth promotion of the R&D center and free business activities."

According to the ambassador for international relations of Gyeonggi-do, “Gyeonggi Province is the mecca of the Korean semiconductor industry, as it is the home to 64% of Korea's semiconductor companies, and 83% of the value-added production,” said Sang-woo Hong in his congratulatory remarks. “To ensure the continued global competitiveness of our semiconductor companies, Gyeonggi Province will strive to attract R&D and manufacturing facilities from leading global companies such as Entegris to the province.”

Ki-Jeong Lee, president of Hanyang University said, "Today we celebrate the new beginning of global technology leader Entegris at ERICA, and we are confident that this will be an important milestone in the future growth of both organizations. We believe that working with Entegris will provide greater opportunities for our students and researchers, and we look forward to contributing to innovation in the semiconductor industry."

The KTC has been designed to operate in alignment with Entegris’ 2030 Corporate Social Responsibility sustainability goals. It will feature a green roof and solar panels, as well as capabilities to conserve water at the facility by prioritizing recycling to reduce wastewater.

The expanded 12,000-square-meter KTC is central to Entegris’ overall technology center strategy and will leverage best practices from the company’s facilities in other markets. It is expected to be complete in late 2024. Entegris currently has approximately 525 employees across Korea at its operations in Hwaseong, Wonju, Pyeongtaek, and Suwon.

About Entegris

Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 9,000 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.

 

Media Contact:

Connie Chandler

Senior Director of Corporate Communications

+1 978 436 6546

connie.chandler@entegris.com

 

Investor Contact:

Bill Seymour

VP of Investor Relations, Treasury & Communications

+ 1 952 556 1844

bill.seymour@entegris.com